Europe
Stannah Lifts Announces New Branch Managers
Stannah Lift Services, a leading provider of lift solutions in the U.K. with more than 150 years of experience, has announced three new appointments to its local service branches in...
KLST Acquired by Private-Equity Firm Mition
Mition GmbH Mitelstandsbeteiligungen (Mition), a private equity firm focused on succession solutions for companies, acquired the well-established provider of elevator control systems, switchgears and components for elevators, Detlef Klinkhammer Steuerungen...
Fermator Invests EUR4 Million
Fermator Group, the global manufacturer of automatic elevator doors headquartered in Reus, Spain, announced on February 5 it invested more than EUR4 million (US$4.1 million) to modernize logistics and production...
Lift Industry Motorcycle Event Planned in Germany
After the success of past years' events, elevator industry motorcycle enthusiasts from Germany and beyond are again planning to gather for the BIKE 25 ride and networking event on August...
KONE to Provide 28 Elevators for London Life-Science Campus
KONE announced on February 6 that it booked an order to supply a total of 28 elevators — 27 MonoSpace® 700 DX machine-room-less and one MonoSpace 500 DX high-performance units for...
Fire in Elevator Shaft Leads to Discovery of Body
Firefighters responded on February 4 to a fire outbreak in the elevator shaft of the International Congress Centrum (ICC) in Berlin, Germany, The Munich Eye reports. The fire was extinguished swiftly, but...
TKE to Showcase Energy-Efficient, Digital Solutions at MIPIM
Making its debut at MIPIM 2025, the world’s leading real estate exhibition and conference taking place in Cannes, France, on March 11-14, TK Elevator (TKE) will showcase its wide range...
Otis to Install 18 VT Units at New EIT Oxford Campus
Otis will install 18 vertical-transportation (VT) units — 17 elevators and one platform lift — at the Ellison Institute of Technologies (EIT) Oxford Interdisciplinary Research and Development campus in Oxford,...
KONE’s 4Q 2024 Earnings Beat Estimate
Finnish OEM KONE posted 4th Quarter (4Q) 2024 earnings on January 30 that were above estimates and expects its adjusted profit margin to improve in 2025 and its sales to grow...
Wallen Appointed MD of Hydroware as Germany Takes Precedence
Sweden-based Hyrdoware GmbH announced that David Wallen, with an impressive track record in the German lift market, has been appointed managing director (MD), effective in March. Wallen succeeds Volker Hager,...
